Trinidad Drilling (TSX:TDG) Pretax Margin % : -351.37% (As of Sep. 2018)

Trinidad Drilling Pretax Margin % Chart

Trinidad Drilling Annual Data
	Trend	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Pretax Margin %		Get a 7-Day Free Trial					11.32	1.13	-61.63	-24.24	-27.77

Trinidad Drilling Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Pretax Margin %	Get a 7-Day Free Trial															-46.76	-23.82	-21.00	-16.63	-351.37

Competitive Comparison of Trinidad Drilling's Pretax Margin %

For the Oil & Gas Drilling subindustry, Trinidad Drilling's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trinidad Drilling's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trinidad Drilling's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Trinidad Drilling's Pretax Margin % falls into.

Trinidad Drilling Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Trinidad Drilling's Pretax Margin for the fiscal year that ended in Dec. 2017 is calculated as

Trinidad Drilling's Pretax Margin for the quarter that ended in Sep. 2018 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trinidad Drilling  (TSX:TDG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Trinidad Drilling Pretax Margin % Related Terms

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Trinidad Drilling (TSX:TDG) Business Description